Develop a lot-for-lot solution and calculate total relevant costs for the gross requirements in the following table*.

Period 1 2 3 4 5 6 7 8 9 10 11 12 Gross requirements 30 30 30 70 20 10 80 50

Holding cost=$3.50/unit/week; setup cost=$150; lead time=1 week; beginning inventory=40.

Develop a lot-for-lot solution

(enter

your responses as whole

numbers).

Period		1	2	3	4	5	6	7	8	9	10	11	12
Gross requirements		30		30		30	70	20		10	80		50
On-hand at beginning of period	40
On-hand at end of period
Order receipt
Order release